2 bedroom house for sale
Sloe Lane, Mawsley Village, NN14 1TE
Share percentage 40%, full price £220,000, £4,400 Min Deposit.
Share percentage 40%, full price £220,000, £4,400 Min Deposit
Monthly Cost: £810
Rent £303,
Service charge £29,
Mortgage £478*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Available Now! *2 bedroom mid terrace house *Mawsley, Kettering *Shared ownership scheme
Description
This 2 bedroom mid terrace house is situated in Mawsley, Kettering, and is available to purchase through the shared ownership scheme.
Full market value: £220,000
Monthly service charge: £28.56
Monthly rent: £302.50 based on a 40% share
About the property
This property is comprised of:
An entrance hall
Kitchen
Living room
Downstairs WC
Bedroom 1
Bedroom 2
Bathroom
About the area
Kettering is a town in Northamptonshire, England, about 81 miles (130 km) north of London and 15 miles (24 km) from Northampton, on the west side of the River Ise, a tributary of the River Nene. The name means "the place (or territory) of Ketter's people (or kinsfolk)".
At the 2011 census, the borough had a population of 93,475. The town is twinned with Lahnstein, in Germany and Kettering, Ohio, in the United States. It is part of the South Midlands and, along with other towns in Northamptonshire, has a growing commuter population as it is on the Midland Main Line railway, with East Midlands Trains services direct to London St Pancras International taking around 1 hour.
Mawsley is a newly built village and civil parish in the Kettering borough of Northamptonshire, England. At the time of the 2011 census, the parish had a population of 2,320.
Shared ownership, how does it work?
If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. Initial shares of between 25% and 75%** of our properties are available, you will pay a subsidised rent on the remaining share.
*Properties are offered as leasehold.
**Some properties are restricted to the level of share you can purchase. Please note: Your home may be repossessed if you do not keep up repayments on your mortgage. Rent/Service Charge are an estimate.
Disclaimer
The information provided by Domovo, the sales and marketing brand for bpha, is prepared as a general guide only and should not be relied upon as a basis to enter into a legal contract or to commit expenditure. All measurements are approximate. Floorplans are for illustration purposes only. Photographs/CGIs provided are for guidance only and may not reflect items included in the property sale. Any interested party is advised to check the measurements and to consult their own surveyor, solicitor and/or other professionals before committing themselves to any expenditure or other legal commitments.
Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.
Key Features
- 25-75% Share available
- 2 bedrooms
- Allocated and secure parking
- Excellent location
- 6 Miles to Kettering centre
- 5.5 Miles to Kettering train station
- Great local amenities
Particulars
Tenure: Leasehold
Lease Length: 99 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 40%, full price £220,000, £4,400 Min Deposit. Calculated using a representative rate of 4.78%
